BUSINESS China's crude oil output up 3.5 pct in Jan.-Feb.

BUSINESS

China's crude oil output up 3.5 pct in Jan.-Feb.

Xinhua

14:41, April 06, 2020

PetroChina.jpeg

PetroChina employees conduct daily inspections on equipment at a facility in Puyang, Henan province. (File photo: China Daily)

BEIJING, April 6 (Xinhua) -- China's crude oil output grew 3.5 percent year on year to 31.83 million tonnes in the first two months of 2020, official data showed.

During the same period, China processed about 93.99 million tonnes of crude oil, down 3.3 percent year on year, according to the National Development and Reform Commission.

Data showed that refined oil output dropped 6.6 percent to 57.42 million tonnes in the first two months.

Around 41.94 million tonnes of refined oil was consumed, down 14.1 percent from the same period last year.

In the January-February period, apparent consumption of gasoline expanded 3.5 percent year on year, while that of diesel dipped 23.4 percent.

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